Pan Global expands near-surface gold mineralization at Providencia: 2.36 g/t Au over 80 m, Cármenes

Pan Global Expands Near-Surface Gold Mineralization at Providencia with 2.36 g/t Gold Over 80 Meters, Cármenes Project, Spain Critical Metals Mineralization Includes 2.40% Cu, 0.83% Ni and 0.27% Co Over 9 Meters Highlights Surface channel sampling assay results include a continuous 80-meter zone grading 2.36 g/t Au , including: 3.21 g/t Au over 23 meters 7.40 g/t Au over 8 meters 20.18 g/t Au over 5 meters (previously reported) Underground channel sampling assay results include 2.40% Cu, 0.83% Ni, 0.27% Co, 0.25 g/t Au over 9 meters , including; 6.96% Cu, 2.34% Ni, 0.74% Co, 0.74 g/t Au, 1.8 g/t Ag over 2 meters 3.45% Cu, 1.09% Ni, 0.37% Co, 0.34 g/t Ag over 2 meters Higher-grade gold mineralization extends south and east beyond historical mine workings First systematic underground sampling on the 1438m Level indicates mineralization widens at depth and remains wide open in several directions Drilling in progress with results pending for six completed drillholes VANCOUVER, British Columbia, July 30, 2026 (GLOBE NEWSWIRE) -- Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ; OTCQB: PGZFF; FRA: 2EU) is pleased to report new channel sampling results from the Providencia target at its 100%-owned Cármenes Project in northern Spain. The results expand near-surface gold mineralization beyond the historical mine workings and indicate a continuous high-grade gold zone over at least 80 meters. This demonstrates the potential for a large gold-rich breccia system with associated copper, nickel and cobalt.

Channel sampling in-progress will test for extensions to the high-grade copper, nickel, cobalt identified by the new results at the 1438m Level in the historical Providencia underground mine. "These results significantly strengthen our view that Providencia hosts a much larger gold system than previously recognized. The high-grade mineralization identified at surface, together with the widening mineralized breccia intersected underground, indicates excellent